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Will book profit at $1.5 lakh in Bitcoin: Chris Wood

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Christopher Wood, global head of equity strategy at Jefferies, owns 10 percent of bitcoin in the US dollar-denominated pension fund's global portfolio. His plan is to book profits when the cryptocurrency touches the level of $1.5 lakh. Bitcoin is currently trading at $98,300, which is about 53 percent less than their target (…).

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